Tuesday, November 26, 2024
Read the Digital Magazines
Subscribe
Author

Julia Sanders

Highland Village
CaliforniaInvestment salesNews

Hanley Investment Group Arranges $11 Million Sale of Two Multi-Tenant Properties in Metro Los Angeles

by Julia Sanders

Fontana, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $11 million sale of two multi-tenant retail pad buildings at Highland Village Shopping Center, a Sprouts-anchored shopping center in Fontana, about 50 miles from Los Angeles. The two buildings total 13,515 square feet and were leased to tenants including Cafe Rio, Jersey Mike’s Subs, Fatburger, Oggi’s Pizza, AB Barber and Crumbl Cookies at the time of sale. Kevin Fryman, Bill Asher and Jeff Lefko of Hanley Investment Group represented the seller, Adler Realty Investments. Mark Stein of CPMC …

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment salesNews

Marcus & Millichap Arranges $5.1 Million Sale of Retail Building in Metro Chicago

by Julia Sanders

Matteson, Ill. — Marcus & Millichap has arranged the $5.1 million sale of a 10,502-square-foot retail building in Matteson, about 32 miles from Chicago. The property, located at 4801 211th St., has been fully occupied by the same four tenants since its construction in 2011. Tenants include Verizon, Chipotle Mexican Grill, Five Guys and Vitamin Shoppe. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a local developer. Carlos Cain of Marcus & Millichap secured and represented the buyer, a Mexico-based limited liability company. The deal was …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Shops at Northfield
ColoradoInvestment salesNews

Stockdale Capital Partners Acquires 769,359-Square-Foot Retail Property in Denver

by Julia Sanders

Denver — Stockdale Capital Partners has acquired The Shops at Northfield, a 769,359-square-foot shopping center located in Denver, from QIC Ltd. The center is home to 20 restaurants and retail tenants including Super Target, Macy’s, Bass Pro Shops, Harkins Theatres, H&M and Nike. The property was developed in 2006 and is situated on 87 acres.

Continue Reading
0 FacebookTwitterLinkedinEmail
Tucson Fiesta
ArizonaInvestment salesNews

Alturas Real Estate Purchases 93,005-Square-Foot Tucson Fiesta Shopping Center in Arizona

by Julia Sanders

Tucson, Ariz. — Alturas Real Estate Funds has acquired Tucson Fiesta, a retail center at 4215, 4225 and 4235 N. Oracle Road in Tucson. EVT Tucson Fiesta sold the property for $14.6 million. Chris Hollenbeck of Cushman & Wakefield represented the buyer in the deal. Three major retailers in the discount furniture, clothing and golf industries fully occupy the 93,005-square-foot property.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsVirginia

Klein Enterprises Purchases 76,500-Square-Foot Towne Place at Greenbrier in Metro Norfolk

by Julia Sanders

Chesapeake, Va. — An affiliate of Klein Enterprises has purchased Towne Place at Greenbrier, a 76,500-square-foot shopping center located at 725 Eden Way North in Chesapeake, about seven miles from Norfolk. David Crotts of Institutional Property Advisors brokered the disposition of the property from Lingerfelt Commonwealth Partners. The center was 97 percent leased at the time of sale to 23 tenants including Jersey Mikes, Moe’s, Cox Communications, Pure Barre and Stretch Labs. The property is also shadow anchored by Target and Dollar Tree’s global headquarters.

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingNewsNorth Carolina

Floor & Decor to Occupy 51,270-Square-Foot Single-Tenant Retail Building in Wilmington

by Julia Sanders

Wilmington, N.C. — Floor & Décor will occupy a 51,270-square-foot single-tenant retail building located at 816 South College Road in Wilmington. The property was formerly occupied by Dick’s Sporting Goods. The building became available when Dick’s relocated to nearby Independence Mall. Brian Grabowski of TradeMark Properties represented property owner, Winwil Realty, in the leasing transaction. Renovations to the space are underway, with Floor & Decor expected to open this summer.

Continue Reading
0 FacebookTwitterLinkedinEmail
Lee & Associates
ArizonaCompany newsNews

Lee & Associates Hires Mark Bramlett as Principal

by Julia Sanders

Phoenix — Lee & Associates has hired Mark Bramlett as principal in the firm’s Phoenix office. Bramlett has over 25 years of commercial real estate experience, specializing in the transactional representation of national retailers and landlords, as well as commercial land development. “Mark Bramlett combines a superior understanding of the Arizona market combined with his strategic thinking ability, to formulate a total real estate landscape for his retail customer base,” says Fred Darche, managing principal at Lee & Associates. “He is incredibly knowledgeable about future competitive changes, as well as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Delray Square
FloridaInvestment salesNews

Sleiman Enterprises Acquires 160,000-Square-Foot Shopping Center in South Florida

by Julia Sanders

Delray Beach, Fla. — Sleiman Enterprises has acquired Delray Square, a 160,000-square-foot shopping center in Delray Beach. Berkeley Capital Advisors represented the undisclosed seller in the transaction. Delray Square was 96 percent occupied at the time of sale by tenants including Publix, Hobby Lobby, Walgreens, Chipotle Mexican Grill and Chick-fil-A. Publix recently relocated to a newly constructed 45,600-square-foot space at the property, while Hobby Lobby recently signed a long-term lease with plans to open in the next few months.

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNewsOhioOklahomaPennsylvania

KeyBank Provides $51.6 Million in Acquisition Financing for Three Retail Centers

by Julia Sanders

Cleveland — KeyBank Real Estate Capital (KBREC) has provided $51.6 million in acquisition financing to First National Realty Partners for three retail centers in Ohio, Oklahoma and Pennsylvania. Acquisitions include Southland Crossings, a 245,678-square-foot center in the eastern Ohio city of Boardman that is anchored by Giant Eagle, Michaels, Ross Dress for Less and PetSmart; Summit Square, a 166,552-square-foot property in Tulsa, Oklahoma, that is anchored by Reasor’s Foods, American Freight and Tuesday Morning; and The Village at Pittsburgh Mills, a 161,079-square-foot center in Tarentum, Pennsylvania, that is anchored by …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

Disney Investment Group Negotiates Sale of 129,129-Square-Foot Shopping Center in Metro Dallas

by Julia Sanders

Lewisville, Texas — Disney Investment Group has negotiated the sale of Lewisville West, a 129,129-square-foot shopping center located in Lewisville, about 25 miles north of Dallas. Anchored by El Rancho Supermercado, the center was 79 percent leased at the time of sale to tenants such as Liquor Den, Jefferson Dental, Verizon, Cricket Wireless and Starbucks Coffee. David Disney and Adam Crockett of DIG represented the undisclosed seller and procured the buyer, Newport Capital Partners, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts